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the cost of algorithmic trading
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investment dealers digest
data-the life blood of the new electronic marketplace
press
06.25.2005
a man with a rich history and of extraordinary success, luis restrepo is not only the ceo of an important securities company in wall street; he is one the naa’s key driving members.
multitrade to offer futuretrade's liquiditypath program to their institutional clients
independent research
coming soon
about us
who we are
founded in 1999, multitrade is an agency-only broker dealer specializing in electronic and algorithmic trading.  we offer our clients customized tools designed to meet their diverse investment and trading needs, combining conflict-free execution services with innovative trading capabilities.  this allows our clients to optimize the performance of their trading strategies.  our higher level strategy is part of a comprehensive set of services designed to address the needs of our clients.  our fix-based infrastructure connects electronically to all major points of liquidity.  multitrade securities specializes in latin-american markets and is latin owned and qualified as a minority-owned firm.

what we do
multitrade has focused its resources on the development of a state-of-the-art electronic infrastructure, employing the use of algorithmic trading.  our higher-level strategy is part of a comprehensive set of services designed to address the diverse needs of our clients. multitrade specializes in advanced trading strategies, including algorithmic and program trading. we combine conflict-free executionservices with innovative trading capabilities, allowing our clients to optimize the performance of their trading strategies.  we also provide our clients access to independent research, as well as direct market access (dma), algorithmic trading, options execution, and a host of other services.
our team
our team
luis f. restrepo – chief executive officer
mr. restrepo founded multitrade securities in 1999, through a strategic alliance with bloomberg and bank of new york. from 1990 to 1999, he was with instinet corporation. while there, he started and managed instinet’s latin america equity desk. from 1984 to 1990 mr. restrepo was an international brand manager for procter & gamble corporation, where he held assignments in europe, the middle east, as well as asia and latin america. a leader in the hispanic community, mr. restrepo serves as a board member of the new america alliance, the city club of new york and the wharton olympus fund. luis earned his ba from harvard university, holds an mba from the wharton school.
carlos antonio bettencourt bueno
retired ambassador carlos antonio bettencourt bueno holds graduate degrees from the diplomatic academy of the brazilian ministry of foreign relations and the escola superior de guerra (war college).  he was responsible for the normalization of diplomatic relations between his native brazil and the people's republic of china as well as with cuba.  having served in the un, he was chairman of the un's latin american group as well as of the outer space committee before being posted as brazilian ambassador to japan, panama, the czech republic (and slovakia), and ireland.  ambassador bueno also served as the brazilian delegate to several international conferences related to international peace and security and is currently a board member of the brazilian confederation of commerce and trade.
roberto a. bueno – vice president - institutional sales & trading
a graduate of tufts university with a ba degree in economics, mr. bueno has over seven years experience in the markets. a specialist in latin american sales & trading, he started his career at merrill lynch international where he was part of the latin american and emerging markets desk. later on at louis capital markets he was vice-president for emerging markets sales and trading.  prior to joining multitrade mr. bueno was vice-president of latin america sales & trading for carlin financial group.
mr. bueno holds the series 7, 55, and 63 licenses and is currently preparing to take his series 24.
salvador (chava) palma – vice president, international relations
mr. palma is a founding partner of multitrade securities.  prior to joining multitrade, he was a sales trader and account executive at instinet, responsible for coverage of latin american institutions based in brazil, chile, mexico, venezuela, and argentina.  mr. palma is proficient in the development of internal arbitrage models for trading american depository receipts (adrs) versus mexican ordinaries.  he graduated from the universidad iberoamericana in mexico city, earning a ba in business administration.  mr. palma completed his registration as a registered securities representative under local securities authorities with accival, the brokerage house of grupo financiero banamex accival; historically known as the largest financial group in mexico.  mr. palma holds series 7, 24, 55 and 63 licenses
antonio morand – economist and strategist
mr. morand has twenty-four years experience in the markets. mr. morand specializes the development of investment strategy for the u.s. and latin american markets, specifically, brazil.  between 1982 and 1999, mr. morand oversaw equity & options trading strategy departments for some of the largest banks and brokerages in brazil.   mr. morand holds a degree in economics from the universidade gama filho in rio, brazil with coursework at the fundacao getulio vargas and ibmec (instituto brasileiro de mercado de capitais)
susie marrero – operations manager
susie marrero has for the past fifteen years been involved in back office operations where she started her tenure at instinet corporation in 1992.  in 2001, she joined multitrade securities as manager of operations, critically supporting both operations and new accounts. she left multitrade in 2003 to care for her newborn son.   prior to re-joining multitrade in february of  2007, susie was employed at abn amro, calyon securities, and ubs securities, where she was responsible for the clearance and settlement of international trades in all local markets, ranging from europe & asia to latin america.  her extensive background in domestic and international equities, clearing operations
business lines
services
equity trading
multitrade combines conflict-free execution services with innovative trading capabilities, allowing our clients to optimize the performance of their trading strategies.
we also provide our clients access to independent research, market color, and execution, as well as dma, algorithmic trading and a host of other services.
listed & nasdaq equity execution
algorithmic execution
share repurchase strategies
options execution & consulting
global equity execution
portfolio trading
directed brokerage
fixed income execution
options trading
commodity options
index options
interest rate options
exotic options
structured products
multitrade structures tailor made notes and advises on:
equity
index, and commodities based products
capital guaranteed notes
reverse convertible notes
knock out/knock in options
autocall
trigger notes
fixed income
treasuries
corporates
sovereigns – advisory
execution
private placements & investment banking
specialized advisory and sales of latam infrastructure projects
financing
illiquid credit markets portfolios
real estate
product and services
multixtrader
multitrade's dma solution allows traders to work with one or multiple equities through a new dual function interface. a powerful electronic trading blotter streamlines the entire trading process and tracks the status of orders, regardless of routing destinations.
derivative strategy group
multitrade inhouse strategists is available to discuss economic data, as well as index and sector trading strategies. they provide highly specialized, higher-level strategies to institutional managers as part of a comprehensive set of services designed to address the diverse needs of our clients.
our special situations strategy group generates actionable ideas especially well suited for index and enhanced index fund managers. we also offer economic strategies and commentary on issues that impact the domestic and latin american markets.
independent research
coming soon
employment opportunities
employment opportunities

contact us
contact information
for more information about multitrade, please email info@multitrade.net or contact us at:
multitrade securities llc
toll free: 866-328-6687
new york
60 madison avenue, 6th floor
new york, ny 10010
telephone: 212-413-7650
fax: 212-413-7659
privacy policy / disclaimer
privacy policy / disclaimer
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